Inter Cars sales up by 14.2% y/y in July

Companies from the capital group of automotive spare parts distributor Inter Cars have increased their sales in total by 14.2 percent year-on-year to PLN 481.5 million in July 2016, the company said in a statement. Sales by the parent company, Inter Cars, grew by 12.2 percent y/y to PLN 394.7 million. Revenue from sales in Poland rose by 10.2 percent y/y to PLN 279.4 million last month. The company’s foreign subsidiaries increased their sales by 25 percent y/y to PLN 178.9 million. Inter Cars has 204 branches in Poland and more than 160 branches in Europe (Czechia, Slovakia, Ukraine, Latvia, Lithuania, Hungary, Croatia, Italy, Romania, Estonia, the Republic of Moldova, Bulgaria and Slovenia). The company has been listed on the WSE since 2004.